The Biggest Race You Haven't Heard Of

A rare chance to defuse the pension bomb.

By

Daniel Henninger

Updated Oct. 21, 2010 12:01 am ET

Forget Andrew Cuomo and Carl Paladino. Let us turn instead to a race that might truly matter in terms of the nation's economic future. It's the most important 2010 election you've never heard of—for comptroller of New York State.

"Comptroller" is the second or third most boring word in the English language. Comptroller: That's the green-eyeshade guy who keeps the books. He's always adding up columns and somehow it all balances. But as everyone now knows, in the public sector the books don't balance. They balloon....

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